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IQ Group Holdings Bhd (XKLS:5107) Cyclically Adjusted Book per Share : RM1.80 (As of Dec. 2023)


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What is IQ Group Holdings Bhd Cyclically Adjusted Book per Share?

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Book per Share and the Cyclically Adjusted PB Ratio. The Cyclically Adjusted Book per Share is the average of the inflation adjusted Book Value per Share of a company over the past 10 years.

IQ Group Holdings Bhd's adjusted book value per share for the three months ended in Dec. 2023 was RM1.458. Add all the adjusted book value per share for the past 10 years together and divide the count will get our Cyclically Adjusted Book per Share, which is RM1.80 for the trailing ten years ended in Dec. 2023.

During the past 12 months, IQ Group Holdings Bhd's average Cyclically Adjusted Book Growth Rate was 4.00% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the Cyclically Adjusted Book Growth Rate using Cyclically Adjusted Book per Share data.

As of today (2024-06-09), IQ Group Holdings Bhd's current stock price is RM0.795. IQ Group Holdings Bhd's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 was RM1.80. IQ Group Holdings Bhd's Cyclically Adjusted PB Ratio of today is 0.44.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of IQ Group Holdings Bhd was 1.33. The lowest was 0.33. And the median was 0.47.


IQ Group Holdings Bhd Cyclically Adjusted Book per Share Historical Data

The historical data trend for IQ Group Holdings Bhd's Cyclically Adjusted Book per Share can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

IQ Group Holdings Bhd Cyclically Adjusted Book per Share Chart

IQ Group Holdings Bhd Annual Data
Trend Mar13 Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - 1.67

IQ Group Holdings Bhd Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Jun23 Sep23 Dec23
Cyclically Adjusted Book per Share Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1.73 1.73 1.78 1.80 1.80

Competitive Comparison of IQ Group Holdings Bhd's Cyclically Adjusted Book per Share

For the Security & Protection Services subindustry, IQ Group Holdings Bhd's Cyclically Adjusted PB Ratio, along with its competitors' market caps and Cyclically Adjusted PB Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


IQ Group Holdings Bhd's Cyclically Adjusted PB Ratio Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, IQ Group Holdings Bhd's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where IQ Group Holdings Bhd's Cyclically Adjusted PB Ratio falls into.



IQ Group Holdings Bhd Cyclically Adjusted Book per Share Calculation

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Book per Share and the Cyclically Adjusted PB Ratio. The Cyclically Adjusted Book per Share is the average of the inflation adjusted Book Value per Share of a company over the past 10 years.

What is Cyclically Adjusted Book per Share? How do we calculate Cyclically Adjusted Book per Share?

Cyclically Adjusted Book per Share is the average of the inflation adjusted Book Value per Share of a company over the past 10 years. Let's use an example to explain.

If we want to calculate the Cyclically Adjusted Book per Share of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the book value per share from 2001 through 2010.

We adjusted the 2001 book value per share data with the total inflation from 2001 through 2010 to the equivalent book value in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart's book value is $1 a share in 2001, then the 2001's equivalent book value in 2010 is $1.4 a share. If Wal-Mart's book value is $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 book value in 2010 is $1.35. So on and so forth, you get the equivalent book value per share of past 10 years. Then you add them together and divided the sum by the count to get Cyclically Adjusted Book per Share.

Please note that we use the CPI data of the country/region where the company is headquartered. If the CPI data for that country/region is not available, then we will use the CPI data of the United States as default.

For example, IQ Group Holdings Bhd's adjusted Book Value per Share data for the three months ended in Dec. 2023 was:

Adj_Book= Book Value per Share /CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=1.458/129.4194*129.4194
=1.458

Current CPI (Dec. 2023) = 129.4194.

IQ Group Holdings Bhd Quarterly Data

Book Value per Share CPI Adj_Book
201312 1.139 98.326 1.499
201403 1.135 99.695 1.473
201406 1.226 100.560 1.578
201409 1.278 100.428 1.647
201412 1.365 99.070 1.783
201503 1.372 99.621 1.782
201506 1.471 100.684 1.891
201509 1.574 100.392 2.029
201512 1.586 99.792 2.057
201603 1.553 100.470 2.000
201606 1.649 101.688 2.099
201609 1.685 101.861 2.141
201612 1.805 101.863 2.293
201703 1.830 102.862 2.302
201706 1.843 103.349 2.308
201709 1.775 104.136 2.206
201712 1.740 104.011 2.165
201803 1.653 105.290 2.032
201806 1.665 106.317 2.027
201809 1.613 106.507 1.960
201812 1.613 105.998 1.969
201903 1.592 107.251 1.921
201906 1.554 108.070 1.861
201909 1.527 108.329 1.824
201912 1.440 108.420 1.719
202003 1.388 108.902 1.650
202006 1.401 108.767 1.667
202009 1.409 109.815 1.661
202012 1.426 109.897 1.679
202103 1.428 111.754 1.654
202106 1.455 114.631 1.643
202109 1.440 115.734 1.610
202112 1.419 117.630 1.561
202203 1.366 121.301 1.457
202206 1.383 125.017 1.432
202209 1.426 125.227 1.474
202212 1.402 125.222 1.449
202306 1.465 128.729 1.473
202309 1.466 129.860 1.461
202312 1.458 129.419 1.458

Add all the adjusted book value per share together and divide the count will get our Cyclically Adjusted Book per Share.


IQ Group Holdings Bhd  (XKLS:5107) Cyclically Adjusted Book per Share Explanation

If a company grows much fast than inflation, Cyclically Adjusted Book per Share may underestimate the company's equity. Cyclically Adjusted PB Ratio can seem to be too high even the actual PB Ratio is low.

For the Cyclically Adjusted PB Ratio, the book value of the past 10 years are inflation-adjusted and averaged. The result is used for P/B calculation. Since it looks at the average over the last 10 years, the Cyclically Adjusted PB Ratio is also called CAPB Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller. He uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings per share of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PB Ratio. The Cyclically Adjusted Book per Share is the average of the inflation adjusted book value per share of a company over the past 10 years.

IQ Group Holdings Bhd's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=0.795/1.8
=0.44

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of IQ Group Holdings Bhd was 1.33. The lowest was 0.33. And the median was 0.47.


Be Aware

Cyclically Adjusted PB Ratio works better for cyclical companies. It gives you a better idea on the company's real book value.


IQ Group Holdings Bhd Cyclically Adjusted Book per Share Related Terms

Thank you for viewing the detailed overview of IQ Group Holdings Bhd's Cyclically Adjusted Book per Share provided by GuruFocus.com. Please click on the following links to see related term pages.


IQ Group Holdings Bhd (XKLS:5107) Business Description

Traded in Other Exchanges
N/A
Address
Plot 149, Jalan Sultan Azlan Shah, Taman Perindustrian Bayan Lepas, Fasa 1 (FTZ), Bayan Lepas, PNG, MYS, 11900
IQ Group Holdings Bhd is engaged in the design and manufacture of lighting, security and convenience products. The group has three business divisions namely, Investment holding which offers management services; Manufacturing of passive infrared detectors, motion sensor light controllers, wireless video communication devices, doorbells, home security system, lighting fixtures and plastic products, development, design, manufacture, sale, and distribution of light emitting diode luminaires and the manufacture of light engines for use in luminaires; and Trading of security lighting systems, passive infrared detectors and motion sensor light controllers. The company carries its business operations in international countries and generates key revenue from the Manufacturing segment.

IQ Group Holdings Bhd (XKLS:5107) Headlines

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